Daily Practice

GCSE Business

17th September 2025

5 questions · GCSE · 503 questions in this band

1
Financial statements: the income statement and statement of financial position
A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
2
Analysing financial statements: ratio analysis
Name one limitation of using ratio analysis to judge business performance.
3
Capital Expenditure and Revenue Expenditure
Is buying a new shop premises capital or revenue expenditure? Explain.
4
Choosing the Right Source of Finance for a Business Scenario
Why might a business choose an overdraft rather than a bank loan for a short-term cash-flow gap?
5
Break-Even: The Effect of Changes in Price, Costs and Output
The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.

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